Ethereum Watch

Ethereum has seen a decentralized finance craze over recent weeks. Advertisements Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This is Simultaneously, DeFi-related tokens like Compound’s COMP and Balancer’s BAL […]

The Ethereum market which failed to see a price movement until the beginning of this week, saw the asset surge by almost 10% over two days. This pushed the value of ETH from $227.20 to $249.04, however, an immediate correction set in the market and the surge was nearly wiped away. Even though the asset was […]

In a development that once again diminished some of the optimism around the cryptocurrency market’s future, Bitcoin, the word’s premier cryptocurrency, fell again on the charts. In fact, Bitcoin fell by over 5% in 20 hours, with the severity of the descent having a grave effect on the values of the market’s altcoins too, including […]

Advertisements In brief: Bitcoin’s correlation with the S&P 500 is still very much intact as witnessed in yesterday’s dip. Ethereum is also highly correlated to BTC.  Therefore, logic dictates that Ethereum is also highly correlated to the S&P 500.  If ETH is a measure of the alt-market, then the entire alt-coin market is also correlated […]

The Ethereum-based DeFi sector has been consuming the bandwidth of the crypto sphere in recent times, being at the forefront of most conversations due to its exploding popularity. Advertisements One new trend dubbed “yield farming” has also garnered significant attention from investors, as it has allowed users to see massive yields on their capital – […]

Bitcoin’s market has been laying low over the past couple of weeks, with traders were getting antsy predicting the future of the market. However, in order to predict any price movement or the direction, the crypto-market will take, just looking at the chart wasn’t enough. This is evident in the case of the market’s top […]

The cryptocurrency market has been stuck in a rut lately, with the prices of most crypto-assets in the market moving sideways. This has been the case with the world’s largest and the second-largest cryptocurrencies, Bitcoin and Ethereum, both cryptos that have been moving crab-like with no change in their price trends. Despite such restricted movement, […]

The narrative around decentralized finance (“DeFi”) has strengthened this year. While Ethereum is up nearly 90% since the beginning of 2020, some DeFi tokens, including Aave (LEND), have skyrocketed over 1,000%. Advertisements Investors’ interest seems to be shifting towards this market sector. Yet in the long-term Ethereum will benefit the most, according to Skew. The […]

Advertisements Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price? The median transaction fees on the Ethereum network are the highest they have been in two years and have risen above Bitcoin fee for the second time in the last three months.  Recently, Coinbase […]

Key Takeaways Ampleforth has introduced liquidity rewards through its new “Geyser” feature Users who stake their crypto will earn Ampleforth’s native “AMPL” tokens The feature is powered by Uniswap, a non-custodial decentralized finance platform The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article DeFi supply-coin Ampleforth […]